The hold percentage for December stood at 10.93%, consequently, Iowa’s tax revenue from sports betting reached $2.03 million for the month, contributing to the state’s coffers and supporting various public initiatives.
October and November emerged as peak months, with handle exceeding $320 million.
A significant aspect of Iowa’s sports betting landscape is the dominance of online wagering. In December, online betting accounted for 95.1% of the total handle. While online betting continues to grow, retail betting still remains a component of Iowa’s sports betting ecosystem. In December, retail betting contributed $13.5 million to the overall handle.
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